Flotations
Franks
Flotations
Ashurst Morris Crisp acted for United News & Media in its acquisition of 51 per cent of Blenheim Group’s ordinary shares. Slaughter and May advised Blenheim Group.
Titanic error to ignore split
According to the press release issued by the Law Society, the votes cast in respect of the motion to split its representational role from its regulatory function were as follows: in favour: 8,881 (38.48 per cent), against: 14,199 (61.52 per cent). I cannot understand on what basis Mr Girling, the president, can say that this […]
A plausible Case?
City firms will no doubt adopt a cynical stance over US practice White & Case’s bold move in the salary stakes. They will accuse it of having to resort to money to boost recruitment. And they will throw in a few questions about the staying power of US firms and how successful they can really […]
Flotations
Frere Cholmeley Bischoff advised Eurasia Mining on its placing and admission to AIM.
Financings
Eversheds acted for Manchester-based shopfitters Campbell & Armstrong in the financial restructuring of the group, which included a debt/equity swap of around £4 million and the raising of £3.25 million fresh equity. Gouldens advised Campbell & Armstrong’s financial adviser, Henry Ansbacher.
In brief: Poverty action group considers legal move
The Child Poverty Action Group (CPAG) is considering a legal challenge to Department of Social Security regulations on the claims appeals process that came into force last week. The move follows an attack on the regulations by the claims appeals body, the Independent Tribunals Service (ITS). CPAG’s legal officer David Thomas said the regulations removed […]
In brief: Wright quits Dibbs for Linklaters & Paines
Former Dibb Lupton Alsop partner Richard Wright has left the firm to join Linklaters & Paines. Wright, who joined Linklaters on 23 October, will continue to concentrate on contentious insolvency and fraud and will take the title ‘of counsel’, a US term that recognises seniority. He will not be a partner.
Companies told to bare all before SEOs
In the wake of Barings, Vanessa Knapp looks at proposals for the responsibilities of company senior executive officers The Securities and Futures Authority (SFA) is proposing to change its rules and guidance on the responsibilities of senior management and senior executive officers (SEOs). This follows criticism of the SFA for failing to take action against […]
In brief: Mark Stephens
Last week’s The Lawyer carried a photograph captioned Mark Stephens. Unfortunately the wrong photograph was used. The picture which appeared was in fact David Schollenberger, an assistant solicitor with S J Berwin & Co. Schollenberger has just been appointed by the firm to spearhead its IT practice.
In brief: Moodliar hired by Hertz as legal director
Nuns Moodliar has joined Hertz as director of legal affairs for Europe, Middle East and Africa. Nuns was previously responsible for legal services at British Telecom’s personal and national business divisions and worldwide broadcasting services.
UN guidelines
The United Nations Centre for Human Rights is assembling a group of legal experts to produce standard guidelines for legal training in the world’s new democracies. The UN Special Rapporteur on the Independence of Judges and Lawyers, Dato Param Cumaraswamy, told delegates to the IBA conference that the UN would produce a legal training manual […]